Why Blackstone bought Mphasis and what it means for the IT services firm

By Manu P Toms

  • 04 Apr 2016
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Other | Credit: Reuters

Blackstone Group’s buyout of Mphasis Ltd will help the private equity giant establish a stronger footprint in the Indian outsourcing services sector after it previously bought a BPO company and a significant minority stake in another IT firm.The latest deal takes Blackstone’s investment in the Indian IT-BPO sector above $1.4 ......

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